Shipping terms indicating that legal title passes to the buyer when goods arrive at the buyer's warehouse are:
A)FOB destination
B)FOB shipping point
C)FOB shipping invoice
D)FOB purchase order

Question

Quizplus · Accepted Answer

FOB destination indicates that legal title passes to the buyer when goods arrive at the buyer's designated location, which in this case is the buyer's warehouse. FOB shipping point, on the other hand, indicates that legal title passes when the goods are loaded onto the carrier's vehicle for transportation. FOB shipping invoice and FOB purchase order are not standard FOB terms.

Shipping Terms Indicating That Legal Title Passes to the Buyer